Expo Live program urgent relief fund for affected by Corona

Expo 2020 Dubai launched an urgent relief fund worth $ 1 million for Expo Live program grantees who face financial difficulties as a result of the COVID-19 pandemic.

Expo Live program

The Expo Live program provided urgent aid ranging between 184 thousand and 367 thousand dirhams to 15 global innovators from 13 countries.

In Expo 2020 Dubai, where the United Arab Emirates is preparing to gather the world in one place in October 2021, seeking cooperation and in order to reach solutions to the most important challenges facing humanity through the Expo Live program, as it is one of the most wonderful events in the world does not deviate from the UAE’s approach to giving in advance of urgent aid in this difficult era.

Expo 2020 launches an urgent relief fund for affected by COVID-19

The state, which is preparing to celebrate the golden jubilee of its founding, extends a helping hand to help the world deal with the COVID-19 pandemic, as it sent more than 1,200 tons of aid to 107 countries that reached the hands of more than 1.2 million health care heroes around the world.

Expo 2020 Dubai … Expo Live program

Youssef Kirez, Senior Vice President – Expo Live Program at Expo 2020 Dubai, said: “In line with the dazzling model presented by the United Arab Emirates, Expo 2020 Dubai is committed to bringing the world together and enabling creative solutions that create a better future for all, despite the unprecedented challenge.

Represented by the COVID-19 pandemic, nations and peoples have shown a tremendous amount of creativity, cooperation and support to instil a spirit of optimism and a desire to make a difference. The Expo Live program is proud to encourage such ambitions through the Urgent Relief Fund, to support companies that are already contributing to leaving A positive imprint on its communities, and helping it to continue focusing on achieving its important goals.

The Expo Live Program aims

The Expo Live Program was established, the program provides funding and support for emerging businesses from around the world with the aim of improving the lives of local communities and protecting our world. The winning projects in the fifth program cycle will be announced soon.

Included in the list of innovators benefiting from the Urgent Relief Fund “Atollo SA”, an educational technology organization based in Canada, develops talking posters designed to teach children to read and write at an early age.

In light of the COVID-19 pandemic, Atollo contributed to increasing health and safety awareness of the virus by producing records in multiple languages ​​and publishing them through a smartphone application and speaking label technology.

The Expo Live Program Urgent Relief Fund beneficiaries

The beneficiaries of the Expo Live Program Urgent Relief Fund also included Invest Ed, a Filipino start-up in the field of financial technology, that provides loans and financial training to low-income students, allowing them to complete their university education, and about half of the students borrowed from Invest Ed are unemployed. Due to the COVID-19 pandemic, the company has intensified its training services to help them find new job opportunities.

Since the start of the pandemic, thanks to additional relief funding from Expo Live Program, the Invested team has created new financial products to enable students to complete their education remotely.

There is also the Now Mani project, from the United Arab Emirates, which aims to support employees and develop business operations. It is the project that introduces the first financial technology in the Gulf region using mobile banking technology to provide accounts, financial inclusion and a range of low-cost remittance options for expatriate workers. Low-income earners. Now Mani aims to enable everyone to obtain financial services at a cost within their reach.

These Expo Live Program initiatives embody what characterizes the UAE, and subsequently Expo 2020, as the first Expo to be held on Arab soil, in terms of commitment to the spirit of humanity, participation and inclusiveness embodied in close cooperation with the world in addressing the pandemic.

Source: WAM
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